A&L adds to mortgage range

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Alliance & Leicester (A&L) has launched a number of fixed rate, tracker and buy-to-let mortgage products.

The new products, available from today, include a two-year remortgage tracker at 6.04% for a 2% arrangement fee. A&L has introduced a three-year fixed rate at 5.35%, lending up to 90% LTV for a 2% arrangement fee, and a five-year deal priced at 5.79% with similar terms. Among the buy-to-let range, a two-year fixed rate has been repriced from 5.44% to 5.34%. The product features a 2.5% arrangement fee, 100% rental cover at 75% LTV or 115% rental cover at pay rate with earned income. A new buy-to-let product has been added to the range, charging a rate of 6.29% until April 2010, lending...

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